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20121201
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Search Results 0 to 10 of about 11 (some duplicates have been removed)
has warned u.s. lawmakers, they have a duty to solve. we sat down with her here in washington. >> christine lagarde, the fiscal cliff, how concerned are they about the ramifications? >> people around the world are concerned about it. it appears to be the case there was more concerned about the eurozone than the fiscal cliff. now things have changed and there is more concerned about the fiscal cliff. they asked about a resolution. >> what could the impact speed? we are looking at a time when the global recovery is fragile at best. >> of u.s. is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico, canada, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver of growth. and to have that player virtually flat, if not in
$1.9 billion to settle u.s. allegations of money laundering. our chief economics correspondent has all the details. >> the largest bank in money- laundering, cartels washed through the bank. it resulted in a $1.9 billion fine, the biggest in u.s. banking history. the american authorities >> the corruption of the financial system by drug traffickers and other criminals, and free evading u.s. sanctions and law. >> they find $7 billion will be transferred between mexico and the u.s.. there were 25,000 transactions involving iran. in $290 million in suspicious traveler's checks were cleared by the bank. in a statement, they said they were story -- sorry for past mistakes. the former chairman was appointed as trade minister for david cameron. he had this to say when the allegations emerged in july. >> there were failures of the implementation, they expressed regret for that. it is a company i am proud to have worked for. >> they are not the only british bank to run these. the accusations of sanctions violations. other leading european banks have also in recent years reached settlements
. there was six adults pronounced dead at the scene. the shooter is deceased. >> u.s. networks say that the killer was a man and his 20's his mother was thought to be a teacher at the school. in washington, where the flag flies at half mast, barack obama addressed the nation as a president and a father. >> the majority of those who died today were children. beautiful little kids between the ages of 5 and 10 years old. they had their entire lives ahead of them -- birthdays, graduations, weddings, kids of their own. this among the fallen also teachers, men and women who devoted their lives to helping our children fulfill their dreams. our hearts are broken. >> he demanded meaningful action, a hint at perhaps tighter gun laws. that argument is for tomorrow. for now, america is trying to comprehend the how and why of the mass killings and a small rural community. new town was supposed to be a haven, a world away from the bustle of nearby new york. today, the elementary school was robbed of it and since joining colorblind and virginia tech of the grim roll call of loss. -- joining columbine and virgini
headlines around the globe. conflicteteriorating -- concerns that the u.s. -- that the government will use chemical weapons. >> i want to make it clear that the world is watching. the use of chemical weapons is and would be totally unacceptable. >> centuries after ernest shackleton to the death defying journey, a new team is out to repeat the trip, minus any modern conveniences. welcome to our viewers on public television in america and also around the globe. it is an announcement many have been waiting for. today's news that the duchess of cambridge is expecting a child was greeted with delight and concern. from around the world, congratulations have been pouring in for the royal couple, including well wishes from the white house. the 30-year-old duchess is suffering from severe morning sickness. she has been hospitalized for several days. our royal correspondent starts our coverage. >> departing from hospital this evening, the father to be. william had spent several hours with his wife. they had driven to london earlier together. it was earlier this week and that the sickness st
with a range of more than 60 miles. nato foreign ministers approved sending the missiles to turkey with the u.s., the netherlands, and germany providing the weapons but the alliance stressed the move was defensive. >> the deployment of patriot missiles will serve as an effective deterrent and that way, diaz with the situation along the syrian-turkish border. >> russia is the one fly in the right man. the foreign minister said he would not block the move. a sign an old ally may be losing patience with president assaad. they hope deploying missiles will help stabilize tensions but the bigger concern is what is happening inside syria itself. specifically, what the regime might do with its stockpile of chemical weapons. syria has used much of its considerable arsenal to crush the rebellion. hidden from view it is believed to have developed a chemical weapons program and there are reports of activity, prompting this uncompromising western message. >> we are concerned for the same reason the united states has. we have sent our own clear, private message directly to them about the serious consequences
, which means it is a proxy battle field in their cold war. the u.s. faces a fleet here. all of that puts the bahrainis deeply inside the middle east pressure cooker. >> there are other forces and other people doing things that have deepened what has happened. there are national forces. >> you are saying iran? >> it can be iran. it can be others. and dissemination of sectarianism and hatred. we are doing our best to stop this. >> and bahrain is a barometer for the gulf. if the crisis cannot be solved by the country's politicians, bahrain will export trouble to the region, sharpening sectarianism and, a dangerous competition between the saudis and iran. >> killed a lot that is unresolved. the british government is to pay more than $3 million to in libyan dissident who claims the intelligence agency mi was involved in forcibly sending him back to libya, where he was tortured by the gadhafi's regime. britain said the payment is not when a mission of liability. the security situation in libya has changed since the shock assassination in september of the u.s. ambassadors and others. u.n. ambas
u.s. school would help prevent similar tragedies in the future. the bbc's north america editor reports. >> the church bells tolled out the exact time when a week ago a young man with an assault rifle began his massacre of children. they stood in prayer and in silence in the rain. in a town still numb, the bells tolled 26 times, one for each of the victims of the school. inside the white house, president obama and his staff since silent for a minute. beyond the grave, resolution. in a new video, he has promised he will push for a ban on assault rifles. >> i will do everything in my power as president to advance these efforts. if there's even one thing we can do as a country to protect our children, we have a responsibility to try. >> shame on the nra. >> there are those who blame the national rifle association for consistently, powerful lobbying against gun control. they have been consistently silent until now, and some expected they would seek compromise. none of it. instead, raw fury, blaming video games, the culture. >> we have blood-of films out there like "american psycho,"
not guaranteed not to send them to the u.s.. to promote a new book he has written, he speaks out. >> the swedish government refuses to behave in a way that is at all normal, rational, were reasonable. that is why i have been granted political asylum. >> they say he must face questioning. they are outside the embassy 24 hours a day, waiting to arrest him the moment he walked out. it has cost 21 million pounds and counting. he is reported to be eating a lot of take away food, running on a treadmill and using a special lamp to get vitamin d. he appeared in robust health despite suggestions that he is suffering from a chronic lung condition. he did not like being asked about it. >> they never cared about my health when i was in prison or under two years of house arrest and cares about my health now because this building is surrounded by police and i will be forced out. >> it is hard to see how this standoff will end. central london. >> still to come on tonight's program, hours away from inaugurating a new president, we take a closer look at the man poised to leave mexico. now to a sunken treasure th
in syria are accelerating. she also joined the u.s. defense secretary in expressing concern that damascus is considering using chemical weapons against the rebels. >> i think there is no question that we remain very concerned, very concerned. as the opposition advances, in particular on damascus, the regime might very well consider the use of chemical weapons. >> secretary panetta went on to say that the white house made it clear there will be consequences should the assad regime make the mistake of using those weapons on its own people. for more on the perspective from damascus, i spoke a short time ago to the bbc's jeremy bolon -- jeremy bowen. >> the issue has been pretty firm on the use of chemical weapons. any news from damascus? >> i think the regime here can feel the pressure. it has been under huge pressure in the last couple of weeks, increasing pressure. of the most pressure has faced from the west, certainly, in the almost two years this has been going on. i spoke before panetta made his remarks to the information minister and he repeated one of their official positions, which
that can fit those criteria. >> how much support you think the u.s. is giving those groups at the moment? >> it is my understanding is fairly modest. it is mostly nonlethal aid. with few exceptions, i do not think the problem facing the opposition is lack of arms. they have captured a lot. there have been some defections, so while they could probably use anti armor and anti helicopter tight arms, they have more than enough. i think it is more the organization and their leadership, and that is where training and advice they might be more important than furnishing specific armaments. >> thank you. in defiance of international warnings, north korea has gone away with successful -- gone ahead with successful rocket launches. pyongyang says it was to put the satellite in orbit, but the un says it was a missile test. --northcom rihanna's rocket north. 's rocket. it rose to -- north korea's rocket. it rose in defiance. the north hailed this as a great achievement. this is a country where many go hungry for lack of food, but today they've had a street party to celebrate. from its launch pad, the
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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